Brookstone Active ETF (BATS:BAMA) Stock Short Interest Drops 58.8%

Brookstone Active ETF (BATS:BAMA – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,291 shares, a decrease of 58.8% from the September 30th total of 3,133 shares. Based on an average trading volume of 3,109 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Brookstone Active ETF Stock Performance

BAMA opened at $35.79 on Friday. The firm has a market cap of $48.32 million, a price-to-earnings ratio of 24.54 and a beta of 0.66. Brookstone Active ETF has a twelve month low of $32.28 and a twelve month high of $37.36. The firm’s 50-day simple moving average is $36.66 and its 200-day simple moving average is $35.67.

Brookstone Active ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 28th were issued a $0.1701 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, August 28th.

Brookstone Active ETF Company Profile

(Get Free Report)

The Brookstone Active ETF (BAMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to provide total return by investing in stocks, bonds, and cash and cash equivalents. The fund typically allocates 40%-80% of its assets in stocks BAMA was launched on Sep 28, 2023 and is issued by Brookstone.

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